Gulf General Investments Co PSC (DFM:GGICO) Short-Term Capital Lease Obligation : د.إ1.0 Mil (As of Mar. 2023)

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What is Gulf General Investments Co PSC Short-Term Capital Lease Obligation?

Gulf General Investments Co PSC's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2023 was د.إ1.0 Mil.

Gulf General Investments Co PSC's quarterly Short-Term Capital Lease Obligation declined from Sep. 2022 (د.إ2.0 Mil) to Dec. 2022 (د.إ1.5 Mil) and declined from Dec. 2022 (د.إ1.5 Mil) to Mar. 2023 (د.إ1.0 Mil).

Gulf General Investments Co PSC's annual Short-Term Capital Lease Obligation increased from Dec. 2020 (د.إ8.2 Mil) to Dec. 2021 (د.إ8.6 Mil) but then declined from Dec. 2021 (د.إ8.6 Mil) to Dec. 2022 (د.إ1.5 Mil).

Gulf General Investments Co PSC Short-Term Capital Lease Obligation Historical Data

The historical data trend for Gulf General Investments Co PSC's Short-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Gulf General Investments Co PSC Short-Term Capital Lease Obligation Chart

Gulf General Investments Co PSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Short-Term Capital Lease Obligation

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10.35

8.19

8.63

1.47

Gulf General Investments Co PSC Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															8.63	2.43	1.95	1.47	0.99

Gulf General Investments Co PSC Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Gulf General Investments Co PSC Short-Term Capital Lease Obligation Related Terms

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Gulf General Investments Co PSC (DFM:GGICO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Gulf General Investments Co PSC (DFM:GGICO) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

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Address

Airport Road, Al Fattan Plaza Building, 4th Floor, P.O. Box 22588, Dubai, ARE

Website

https://www.ggicouae.com

Gulf General Investments Co PSC is a UAE company engaged in the real estate agency, manufacturing, retail trading, real estate development, insurance writing, hospitality, and other services. Its business is functioned through Manufacturing, Investments, Insurance Services and Others segments. The manufacturing segment includes manufacture and sale of oil, grease, prefabricated houses, concrete, restaurant, ovens, kitchens, and central air conditioning systems; the investment segment focuses on real estate properties and equity securities and whereas Insurance Services and others, which is the key revenue driver, include the writing of insurance and various other services including hospitality. Geographically, the business presence of the firm is seen in the UAE and internationally.

Gulf General Investments Co PSC (DFM:GGICO) Headlines

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